iData Research predicts this growth will be driven primarily by increased adoption of wireless ambulatory telemetry monitors, low-acuity vital signs monitors and telehealth for remote monitoring of chronic conditions and for patients with cardiac implantable electronic devices. Large purchases by the Department of Veterans Affairs and an increased awareness of the benefits of remote monitoring have contributed to higher adoption of these devices, according to the release.
Smartphone compatible monitoring products — which are now entering the market — are also expected to drive sales, especially for the pulse oximetry and blood pressure monitoring segments, because of Smartphones’ convenience, ease of use, familiar platform and ability to share results, according to the release.
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